Job finished
Execution time 11 days
Feedback from customer
Draw
a Box round the highs and lows of the 06:00 GMT to 10:000 GMT Box range. Please make it automatic to take into consideration DST.
The
strategy:
1-06:00-10:00
GMT BOX Range (**)pips
2-Wait for Setup to be done Done. wait
for closing BAR. If the price closes over 50% of the target#1, then do not open the trade.
3- calculate your risk R:R (Pips / Risk (*%) of my account based on the size of the box
4
- Open
3 separate orders that totals 1% risk
5-
Open your Market Order
6-Rule
of exit:
A- (Take Profit#1): Order#1 take profit at 50% pips of the range of the box.
(Take Profit#2): Trade at 100% pips the range of the box.
*
**When
price reaches 90% of the target, then move stop loss up 80% in the money.
**** Optional:
After target#1 is hit, then move 3rd order's stop behind the tip of the candle and the following candles thereafter.
**** Optional: Allow
the toption for the user to let order#3 take profit at target#1 or target#2.
B- Exit Rule:
Use
Stop loss. But only exit if the 1 hour bar closes
below the initial stop loss ( or above the initial stop loss)
(1)
http://icecream.me/512bb506a70b04a1879c85284c1465f9
(2)
https://www.forexfactory.com/attachment.php?attachmentid=3602487&d=1586460129
Example
of strategy: https://www.forexfactory.com/attachment.php?attachmentid=3601980&d=1586428246
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